Monthly Archives: September 2016
Hedge-Fund Son Thought Hedge-Fund Dad’s Trades Were Pretty Fishy
(Bloomberg) It turns out that having Leon Cooperman for a grandpa is pretty much exactly like you’d expect: On July 28, 2010, at approximately 6:59 a.m. EDT, APL publicly announced for the first time that it was selling Elk City […]
Lyxor: Hedge Fund Index Dips 0.8% on CTA Reversal
(Fin Alternatives) Hedge funds slipped during the week ended September 13 as market concerns about the Fed’s timing and increasing uncertainty about the presidential election negatively impacted both equity and bond markets, according to Lyxor Asset Management’s Weekly Brief. To […]
Eurekahedge: Hedge Funds Up Marginally In August As Outflows Continue
(Fin Alternatives) Hedge funds ultimately eked out a minimal gain in August, according to Eurekahedge, but the firm’s Hedge Fund Index underperformed underlying markets, and asset flows continued to be broadly unfavorable. To read this article:
Less China, More India Make Singapore Hedge Funds Asia’s Best
(Bloomberg) Singapore-based hedge funds outperformed Asian rivals during the first seven months of the year thanks to a greater focus on India and global markets, according to data provider Eurekahedge Pte. Funds headquartered in Singapore returned 2 percent through July, […]
Hedge Funds Flat In August, Up 2.5 Percent For The Year
(Cay Compass) The performance of the average hedge fund was flat in August, based on the Eurekahedge Index, which returned 0.03 percent for the month. CTA/managed futures and macro hedge funds were the main drivers for the weaker performance, data […]
Hedge funds love Amazon and hate Apple
(Valuewalk.com) If you’ve been keeping an eye on the performance of hedge funds and mutual funds over the past 12 months or so you will have noticed that one of the themes in performance that has become clear is the […]
SEC Issues $4 Million Whistleblower Award
(HedgeCo.Net) The Securities and Exchange Commission today announced an award of more than $4 million to a whistleblower whose original information alerted the agency to a fraud. The SEC’s whistleblower program has awarded more than $111 million to 34 whistleblowers […]
Top Firm Delivers Strong Performance – Good News For Rivals
(HITC Business) Jefferies Group, the investment bank owned by Leucadia National, said trading revenue surged 86%, a sign volatile markets following the U.K. vote to leave the European Union may not have harmed Wall Street’s bottom line. Bloomberg News reports […]
Japanese Banks Latest Big Short for Top Hedge Fund on BOJ
(Bloomberg) Japanese banks are the latest big short for a top-ranked hedge fund, thanks to the central bank’s negative interest rate policy. Horseman Capital Management’s hedge fund run by Shannon McConaghy is the best of 56 Japan-focused long-short equity strategies […]
Paloma Partners Said to Add $1.3 Billion in Assets This Year
(Bloomberg) Paloma Partners has boosted assets by $1.3 billion this year, defying a flight of capital from the global hedge fund industry by investors punishing poor performance. The firm now manages $5.3 billion, according to a person familiar with the […]
Hedge fund SpringOwl Starts New Activist Fund after Viacom battle
(Reuters) An activist investment firm that helped oust Viacom’s chief executive this year plans to launch a new fund in the fourth quarter, one of its co-founders said on Tuesday. SpringOwl Asset Management, the three-year-old firm founded by Jason Ader […]
Algorithmic Trading Is Changing Markets
(Above the Law) The classic Wall Street trader is dead. For decades, or even centuries, the professional investment markets were characterized by smart individuals buying and selling stocks, bonds, currencies, and commodities based on intuition, savvy valuation skills, and luck. […]